Excess minimum pension payment strategy - revocation

To revoke a previous implementation of an excess minimum pension commutation strategy for AB and TRIS pensions in retirement phase.  

Price: $88

This document allows for the application of the Excess minimum pension payment strategy and provides a written resolution to accept the request of a member to revoke a currently applying strategy for identified pensions.   

Suitable for all fund types, this is a template document that will have to be modified for the particular requirements of each superannuation fund.     

Please note that this template is suitable:

• when the pension is already in existence prior to signing this template.
• for account-based pensions and transition to retirement pensions which are in retirement phase. 

Important note:

By providing this template, we provide no assurance or guarantee that the ATO will accept this template as a valid exercise of the member’s right to partially commute the pension, in which case the ATO would treat the amount as a pension amount in excess of the relevant minimum statutory amount for the pension.